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Nov 1, 2013
11/13
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. >> this taxes retroactive. >> many taxes are being made retroactive. it seems to me completely contrary to law. >> there are huge issues about this. it is something -- it is good since, you cannot ask people to pay taxes they have earned in the past few years. >> these clubs will have to pay tax on the players they signed last season. >> companies, football clubs are just asking for visibility. many companies are just leaving france because -- if you cannot do this, even if taxes are low - - >> you need reliability. >> they are not low, they are very high. >> we are past denmark to be the country where public this -- public expenditure is the highest percentage of gdp. take this tax on life insurance and that is richer active to 1997. -- retroactive to 1997. i do not know if they picked that out of a hat. it has been gone and you are told you have to pay more taxes on stuff you made almost 20 years ago. >> in france, they tend to negotiate the contracts net. they are protected from this type of legislative change. that is why the burden is falling on t
. >> this taxes retroactive. >> many taxes are being made retroactive. it seems to me completely contrary to law. >> there are huge issues about this. it is something -- it is good since, you cannot ask people to pay taxes they have earned in the past few years. >> these clubs will have to pay tax on the players they signed last season. >> companies, football clubs are just asking for visibility. many companies are just leaving france because -- if you cannot do...
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tax pairs. what we need to do is have a serious dialogue about grown-up things about -- >> but we don't. >> how many times have we raised taxes when they didn't cut? there's never been entitlement reform. it's a one-way street all the time. >> nancy pelosi said this, that revenue needs to be on the table in relation to discussions to soften the sequester cuts. >> of course. >> so the democrats are trying to soften those automatic spending cuts, and at the same time raise taxes. they don't cut spending as much and raise taxes. it's crazy. >> the last time we had a serious consideration of entitlement reform was simpson-bowles. and president obama turned the other way. >> adam talked about a business analogy. a business doesn't say we're going to spend $2 million this year, and then we'll figure out what we'll take in. first you figure out how much you're going to take in, and then you figure out how much you're going to spend. we do it the opposite way. there is a limit to taxing. when people tal
tax pairs. what we need to do is have a serious dialogue about grown-up things about -- >> but we don't. >> how many times have we raised taxes when they didn't cut? there's never been entitlement reform. it's a one-way street all the time. >> nancy pelosi said this, that revenue needs to be on the table in relation to discussions to soften the sequester cuts. >> of course. >> so the democrats are trying to soften those automatic spending cuts, and at the same time...
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is no reason to tax corporate profits at a double doubly they're taxed once at the corporate level and then they are also taxed again when the corporate shareholders receive their dividends and so everybody acknowledges that this is every economist acknowledges that this is a very inefficient system and it's the first thing we should do to improve our. economic growth is to get rid of this however politically it's just a nonstarter and so what we're trying to do is trying to think of ways given the fact that we politically are never going to get rid of the corporate tax how can we make it fairer. and less prone to abuse now you know what is the difference between the effective tax rate versus the statutory tax rate that comes up a lot and if you're on line between. well the one is very easy to understand the other is very hard to understand the statutory rate is the rate that you see written in the in the statute in the tax laws so in the united states that's thirty five percent in ireland it's twelve point five percent however we all know that. nobody is going to pay thirty five perce
is no reason to tax corporate profits at a double doubly they're taxed once at the corporate level and then they are also taxed again when the corporate shareholders receive their dividends and so everybody acknowledges that this is every economist acknowledges that this is a very inefficient system and it's the first thing we should do to improve our. economic growth is to get rid of this however politically it's just a nonstarter and so what we're trying to do is trying to think of ways given...
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gas taxes. and as you mentioned sin taxes, they come out in form of excite taxes onal -- excise taxes on alcohol and tobacco. gerri: left friendly, california, their income tax went up on. >> they have highest income tax rates in the country, a lot of states might have high income taxes and low sales taxes, california hits all of the buttons high income tax, high sale tax, you may payton pay, 1n purchases and their gas tax is expensive. gerri: connecticut, i did not realize their property taxes were out of control, they rank up there. >> property taxes are high in a platt rate and percentage of home value. they have high property taxes, high sales taxes, annual car taxes they are determined by locality that can be as high as $800 a year on a $17,000 car, and connecticut has an estate tax too. gerri: that must support, roads and highways? what is the car tax for? >> it varies, so i assume it goes into the covers of the -- coffers of the town, we're getting at, are you getting what you pay for, so
gas taxes. and as you mentioned sin taxes, they come out in form of excite taxes onal -- excise taxes on alcohol and tobacco. gerri: left friendly, california, their income tax went up on. >> they have highest income tax rates in the country, a lot of states might have high income taxes and low sales taxes, california hits all of the buttons high income tax, high sale tax, you may payton pay, 1n purchases and their gas tax is expensive. gerri: connecticut, i did not realize their property...
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Oct 31, 2013
10/13
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CSPAN
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tax reform. and loopholesffs for us to close in the meantime without jeopardizing the goals of comprehensive tax reform. my hope is that this conference and put our feet in both can't , for tax reform and against tax ripoffs. --ood place to start incentives that push companies to move jobs overseas. second is medicare. the future for medicare is better care at lower cost. 965.s very different than 1 chronic disease, cancer, problems --d other current government rules and practices impede our efforts to deliver to these seniors. we are working on a bipartisan proposal to address these issues. we look forward to working with the conference on these issues. there is a better way, colleagues. is there-- my view parity between defense and nondefense. the rule of the whole -- theration debate rules were that you are going to cut defense and nondefense equally. to change those rules in the middle of this debate would be a very substantial mistake. what we do with respect to defense, we need to make an h
tax reform. and loopholesffs for us to close in the meantime without jeopardizing the goals of comprehensive tax reform. my hope is that this conference and put our feet in both can't , for tax reform and against tax ripoffs. --ood place to start incentives that push companies to move jobs overseas. second is medicare. the future for medicare is better care at lower cost. 965.s very different than 1 chronic disease, cancer, problems --d other current government rules and practices impede our...
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Nov 2, 2013
11/13
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CSPAN
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eye 56
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tax reform. there are ripoffs and loopholes for us to close in the meantime without jeopardizing the goals of comprehensive tax reform. my hope is that this conference and put our feet in both camps, for tax reform and against tax ripoffs. a good place to start -- incentives that push companies to move jobs overseas. second is medicare. the future for medicare is better care at lower cost. it is very different than 1965. chronic disease, cancer, diabetes, and other problems -- current government rules and practices impede our efforts to deliver to these seniors. we are working on a bipartisan proposal to address these issues. we look forward to working with the conference on these issues. there is a better way, colleagues. fairness -- my view is there has to be parity between defense and nondefense. the rule of the whole sequestration debate -- the rules were that you are going to cut defense and nondefense equally. to change those rules in the middle of this debate would be a very substantial mi
tax reform. there are ripoffs and loopholes for us to close in the meantime without jeopardizing the goals of comprehensive tax reform. my hope is that this conference and put our feet in both camps, for tax reform and against tax ripoffs. a good place to start -- incentives that push companies to move jobs overseas. second is medicare. the future for medicare is better care at lower cost. it is very different than 1965. chronic disease, cancer, diabetes, and other problems -- current...
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Oct 29, 2013
10/13
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LINKTV
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sorts of tax breaks. pointing out that britney is an exceptional region. all sorts of advantages. according to locals, they deserve these because it is such an isolated region. the latest tax policy to come under fire. >> that is right. tax revolts breading. -- spreading. resortsseen resort -- going on. owing on strike to protest the 75% tax rate. followingof people suit with this tax revolt. they say this is spreading to small businesses, retailers, etc.. upset about the tax harassment, barry i let words about taxes. a quiet about this anymore. also, representatives have said they will take action against the government before the end of the year. >> not all taxes. vocus thing on spillover effects of the syrian civil war. this is a neighbor in lebanon. >> that is right. said to be overwhelmed by the syrian crisis. over one million have poured into lebanon and threatening the very fragile balance and peace. onorting round the district the border between syrian and lebanon. reporting from the syrian distri
sorts of tax breaks. pointing out that britney is an exceptional region. all sorts of advantages. according to locals, they deserve these because it is such an isolated region. the latest tax policy to come under fire. >> that is right. tax revolts breading. -- spreading. resortsseen resort -- going on. owing on strike to protest the 75% tax rate. followingof people suit with this tax revolt. they say this is spreading to small businesses, retailers, etc.. upset about the tax harassment,...
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Nov 2, 2013
11/13
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CSPAN
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cliff legislation at the end of last year was our tax hike. we have gotten the tax hike, and we will not support another one. let's explore representative cole's idea of an expedited tax reform process to get us the pro-growth tax policies that will give us the additional revenue we need. lastly, let's explore enacting the mandatory savings contained in president obama's own budget. president obama has outlined budget savings in the entitlement programs that were courageous, difficult, but they do not cut benefits. these proposals do not cut social security. they do not cut medicaid. no one is suggesting, as has been alluded to, suggested by some members of this conference committee that there is a proposal to slash benefits or cut benefits. all we're talking about and all the president is talking about in the mandatory proposed savings in his own budget is slowing the growth rate of these very important programs to save our nation from a fiscal and debt crisis and to save the very valuable programs. i think those are the sweet spot. tax refor
cliff legislation at the end of last year was our tax hike. we have gotten the tax hike, and we will not support another one. let's explore representative cole's idea of an expedited tax reform process to get us the pro-growth tax policies that will give us the additional revenue we need. lastly, let's explore enacting the mandatory savings contained in president obama's own budget. president obama has outlined budget savings in the entitlement programs that were courageous, difficult, but they...
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cost of health care is a tax but also 28 different taxes. gerri: there are others in the actual law for sure. >> obamacare is a net drag on economic activity if you have so many small businesses trying to find ways to hit the or avoid the 50 employee threshold is the invisible tax costing us jobs. gerri: the blue state's leading will they pay the piper? what will happen tonight? >> watch colorado. it could be close it is interesting to see people who just legalized marijuana want to tax it back into prohibition. we will see the governor of new jersey refused to raise taxes will be reelected. the republican candidate in virginia who follows a republican governor who raised taxes the biggest in history may pay a penalty for his predecessor's. gerri: there is a lot going on in that race. thank you for coming on tonight. we appreciate your time. war to come including a major insurance company for canceling policies for obama forces to change his message it changes every day a little bit different about keeping your insurance plan. so ally bank h
cost of health care is a tax but also 28 different taxes. gerri: there are others in the actual law for sure. >> obamacare is a net drag on economic activity if you have so many small businesses trying to find ways to hit the or avoid the 50 employee threshold is the invisible tax costing us jobs. gerri: the blue state's leading will they pay the piper? what will happen tonight? >> watch colorado. it could be close it is interesting to see people who just legalized marijuana want to...
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Oct 28, 2013
10/13
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CSPAN
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the child tax credit is another refundable tax credit, the second-biggest refundable tax credit. as big as theut earned income tax credit. the treasury and that the general office has reported on that as well, problems with that. it is also -- it has also been expanded. most recently in 2000 nine. so, it has many of the same problems. andit has overlapping income over low income range and also in middle and upper income. if you can get it up to about $100,000 in income. and then there are other educational-related refundable tax credits. and income him over range. they are all structured similarly. they have this phase in range and then a plateau and then it phases out. you get more and more subsidy as you work more and more, and then a constant level of subsidy over a certain income range and then the subsidy phaseout. and the phaseout ranges where you get the disincentive to work additional hours. so, there is really no effect on the economy. it is a wash. over the the fact that higher income range, those tend -- more productive workers. they earn more by definition. so on bala
the child tax credit is another refundable tax credit, the second-biggest refundable tax credit. as big as theut earned income tax credit. the treasury and that the general office has reported on that as well, problems with that. it is also -- it has also been expanded. most recently in 2000 nine. so, it has many of the same problems. andit has overlapping income over low income range and also in middle and upper income. if you can get it up to about $100,000 in income. and then there are other...
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Nov 1, 2013
11/13
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LINKTV
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we have seen backtracking on the tocalled eco tax and a plan tax more savings, to tax more corporations. what is going on? >> the french public is extremely dissatisfied with what francois hollande is doing now and what they expected them to do when they elected him in office in 2012. the first point. the second point, up until now francois hollande had the idea that, ok, i was select it, i have tough work to do, i have to give france back on the rails, the country is in dire straits, so i will have to tax everybody more and bring more money into the state coffers because he views government of the sarkozy spent far too much money and spend more money then we actually had. that is my job. in the old days when presidents were elected, they gave handouts. they say, ok, now it is time to work hard to pay that money. this time francois hollande said work hard to start with, have to pay more money, and that will get results. i think up until recently he has not really cared very much about his popularity poll rating, saying it is normal. i am going to lose report -- support because i him doi
we have seen backtracking on the tocalled eco tax and a plan tax more savings, to tax more corporations. what is going on? >> the french public is extremely dissatisfied with what francois hollande is doing now and what they expected them to do when they elected him in office in 2012. the first point. the second point, up until now francois hollande had the idea that, ok, i was select it, i have tough work to do, i have to give france back on the rails, the country is in dire straits, so...
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Oct 31, 2013
10/13
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CSPAN2
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the first is taxes. the tax code just turned a hundred, and it looks every day its age. it is a broken, inefficient mess. it's time to clean up, bring it into the 21st century. i want to make it clear i'm totally committed to comprehensive tax reforms, and, also, there's plenty of ripoffs and loopholes for us to close in the meantime without jeopardizing the goal of tax reform. i hope this conference can put our feet in both camps for tax reform and against tax ripoffs. some good places to start. certainly, provisions in the tax code that encourage companies to move investments and jobs overseas is a good place to start with respect to closing the wasteful loopholes and then 1986 colleagues here have discussed in the past is a good model for bipartisan tax reform. second is med tear. the future for medicare in my view is better care at lower costs, and medicare in 2013 is very different than medicare in 196 a. chronic disease, cancer, diabetes, strokes, and heart problems drive medicare like never before. current government rules and practices impeople -- impede abilitie
the first is taxes. the tax code just turned a hundred, and it looks every day its age. it is a broken, inefficient mess. it's time to clean up, bring it into the 21st century. i want to make it clear i'm totally committed to comprehensive tax reforms, and, also, there's plenty of ripoffs and loopholes for us to close in the meantime without jeopardizing the goal of tax reform. i hope this conference can put our feet in both camps for tax reform and against tax ripoffs. some good places to...
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Oct 29, 2013
10/13
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KGO
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we have taxed alcohol for a long time. it is not at all out of all oute ordinary to tax products with negative side effect. >> a consulting firm has been hired by the beverage companies to fight the tax. >> they simply have the effect of raising the cost of living open working people and on small businesses. they have no material effect on the ability of people to lead healthy lifestyles. >> the firm helped defeat a soda tax across the bay in richmond and he thinks san francisco voters will respond the same. >> san francisco folk have other priorities that are much higher on the agenda that placing a tax on beverage sugar on the ballot. >> here is a sample of what we heard this morning. >> it is an should have personal responsibility. penalizeing through taxation is teach. >> if it works and they show it reduces soda drinking, that would be good. >> he plans to propose the idea to the board of supervisors today. the goal is to get it on the ballot for the voters next year. >> this story is generating a lot talk including s
we have taxed alcohol for a long time. it is not at all out of all oute ordinary to tax products with negative side effect. >> a consulting firm has been hired by the beverage companies to fight the tax. >> they simply have the effect of raising the cost of living open working people and on small businesses. they have no material effect on the ability of people to lead healthy lifestyles. >> the firm helped defeat a soda tax across the bay in richmond and he thinks san...
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Oct 28, 2013
10/13
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KRON
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can be tax free bread it will be tax free for the rest of your life. >> let's talk about what people should consider a roth conversion. >> the biggest one, there is a sweet spot a lot of people ree on 65 years old and a first couple of years you could have a very low tax bracket. a lot of people make mistakes about selling their stocks. what happens is said they lose control of their tax. you are forced to pull someone out at 70 and half whether you want to or not. a lot of times that with the calculations to slowly converge this where they have you pay the taxes. by the end of five years you have this big tax-free account to draw on. also it will reduce after seven the and have. >> how about the third donned the marginal oil and come tax. >> the roth version only works if you have the money on the side. you do not want use the money inside to pay. you need to have money on the outside. that is the to the strategy. what i am talking about says ad this sage or if you have gone on and your income is lower. a lot of people, larger role bracket-has a lot of people have 10, $30,000 betwee
can be tax free bread it will be tax free for the rest of your life. >> let's talk about what people should consider a roth conversion. >> the biggest one, there is a sweet spot a lot of people ree on 65 years old and a first couple of years you could have a very low tax bracket. a lot of people make mistakes about selling their stocks. what happens is said they lose control of their tax. you are forced to pull someone out at 70 and half whether you want to or not. a lot of times...
SFGTV2: San Francisco Government Television
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Nov 5, 2013
11/13
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the tax comes even so. ha happens -- when you have a go bond, my neighbors pay twice as much as i do, but sometimes ten times as i do on the same house because you've owned our house over 40 years so that's not equitable. we can't get around prop 13, but here we use parcel tax. that works for a schools. no one yells and screams about it because the bank of america doesn't pay anymore than i do. they give a 50 percent discount for the seniors. no one screams about it, but it can raise a method of the amount of money every year and people might people comfortable in san francisco paying for the schools and they might feel comfortable paying for their transportation. that's my only thought for today. >> next speaker. >> jerald coffin. >> i was going to talk about comparing what you and your director put out early this year with the break down today. but from what i heard, i want to say something different. i think that this task force is shooting too short term and too low. we just heard monique say that san f
the tax comes even so. ha happens -- when you have a go bond, my neighbors pay twice as much as i do, but sometimes ten times as i do on the same house because you've owned our house over 40 years so that's not equitable. we can't get around prop 13, but here we use parcel tax. that works for a schools. no one yells and screams about it because the bank of america doesn't pay anymore than i do. they give a 50 percent discount for the seniors. no one screams about it, but it can raise a method...
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Nov 4, 2013
11/13
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KRON
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if you buy the after-tax or the version that's tax-free only need about 65 to 70 percent of here and come to you have to weigh the premium differences what to last between the two options and i would take the smaller premium. >>rob: she said she was the breadwinner so her husband might have to go back to work and that may take a little extra time as well so all things considered. here's another e-mail. >> are there any good annuities that don't have high fees and commissions. that comes to us from richard. >>rob black: annuities kind of have a a bad rap for the financial community. what do we need to know for it >> annuities are a tough spot. most of them probably 99 percent are horrible and you shouldn't touch them. there're a couple of no-load variables that could be a decent bond alternatives for people who want income starting right now but at the same time there's no insurance company that will ensure a balanced portfolio for much less around 1 percent and they will ensure an come for life. they're kind of taking the variable annuity idea and cutting fees about in half. there's
if you buy the after-tax or the version that's tax-free only need about 65 to 70 percent of here and come to you have to weigh the premium differences what to last between the two options and i would take the smaller premium. >>rob: she said she was the breadwinner so her husband might have to go back to work and that may take a little extra time as well so all things considered. here's another e-mail. >> are there any good annuities that don't have high fees and commissions. that...
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Oct 31, 2013
10/13
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LINKTV
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, eco-tax and he came back on. a lot of people are saying this is making him look quite weak, but they say the sun he is not going to budge, he is going to tell club owners that they have to dig into their pockets because all this backpedaling has a cost. calculator out their and calculated just with the cost is, and they say it is 2 that theuros government could have made if it did not do all this backtracking. >> let's go to a wider appeal, shall we? a trip to outer space shared rex that his record let's not talk about hostages or taxes. looking at the planets and the stars. it is the end of the year gala. the european telescope will be launched into outer space. we will take a look at what astronomers are looking to discover. 1000 planets have already been discovered, but astronomers say there are billions more. extrasolar moons and things like that. astronomers say they are hoping to get to the edge of our galaxy and perhaps a little beyon d. >> fascinating stuff, isn't it? ♪ onlyis is south africa's school f
, eco-tax and he came back on. a lot of people are saying this is making him look quite weak, but they say the sun he is not going to budge, he is going to tell club owners that they have to dig into their pockets because all this backpedaling has a cost. calculator out their and calculated just with the cost is, and they say it is 2 that theuros government could have made if it did not do all this backtracking. >> let's go to a wider appeal, shall we? a trip to outer space shared rex...
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Nov 4, 2013
11/13
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CNNW
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tax rates to 25%. that's a republican principle. what stands in its way are people who won't even talk about revenue, because god forbid, if you take out all the xefrgss and deductions and let people play 25%, somebody will pay more, because they've been riding the back of the taxpayer with a loop-day-old hole. >> you mean taxes? >> no, i mean revenue. >> you mean taxes. >> of course, where does the revenue come from? >> republicans use terms like taxes and -- >> there are a lot of people at the top who aren't paying taxes, and i think that's what you're talking about. >> that means that some people taking advantage of loopholes have to start paying taxes. >> we should be talking about how to reduce government. >> we need to grow the economy. there's no way to solve it by cutting, cutting, cutting. >> not even realistic. >> but cutting taxes -- they gave it to the government. all that money none of that moan goes toward learning or innovation. it's essentially off the table for job creation. >> that's
tax rates to 25%. that's a republican principle. what stands in its way are people who won't even talk about revenue, because god forbid, if you take out all the xefrgss and deductions and let people play 25%, somebody will pay more, because they've been riding the back of the taxpayer with a loop-day-old hole. >> you mean taxes? >> no, i mean revenue. >> you mean taxes. >> of course, where does the revenue come from? >> republicans use terms like taxes and --...
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998
Nov 5, 2013
11/13
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WETA
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: is the understanding that a sin tax, as these are called, like liquor taxes are, like cigarette taxes are, they're considering more... they're easier to pass than any other kind of levy? >> that's definitely the conventional wisdom here. colorado since voters took over the power of passing taxes has only passed one statewide tax.th and that was a tobacco tax.er so i think folks looking to tax the marijuana industryew are looking to that and. thinking, you know this is something our voters will accept. kianloaccept. >> while we're talking about taxes there is another initiative on your ballot i want to ask you about. it would raise a billion dollars for education. is that as popular as the marijuana tax? >> no. and again as you look to history, the state has not managed to pass any kind of general statewide tax increase. the thinking at this point did that probably, if it wins it going to squeak by but it has a very hard uphill climb. and interestingly all the money in that race has been in favor of the education tax. we've seen millions of dollars pouring in from national education un
: is the understanding that a sin tax, as these are called, like liquor taxes are, like cigarette taxes are, they're considering more... they're easier to pass than any other kind of levy? >> that's definitely the conventional wisdom here. colorado since voters took over the power of passing taxes has only passed one statewide tax.th and that was a tobacco tax.er so i think folks looking to tax the marijuana industryew are looking to that and. thinking, you know this is something our...
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Oct 31, 2013
10/13
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MSNBC
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i will cut taxes. restore your prompt tax rebates. he raises property taxes. how does this work in new jersey? >> he cut the program and turned it into a direct credit. not only did he significantly reduce how much, most low income. middle-class homeowners and seniors receive. he converted it. instead of receiving a rebate check. you can then go out and spend. transferred into a direct credit on your property tax bill. shows up as a line when you get your tax bill. you no longer get that check. if this was the campaign commercial a month after he won election, i think that the results may have been a lot different. i think the takeaway is what he found is it is a lot harder when you are running the state and you are in control of the budget than when on the outside and you are criticizing the guy who is. >> crystal, it seems that he -- that he tries how to work this reputation as the straight talker. but it isn't actually based on doing what he says he would do. >> yeah, that's exactly right. and i mean in fairness. he doesn't try to work it. he does work it.
i will cut taxes. restore your prompt tax rebates. he raises property taxes. how does this work in new jersey? >> he cut the program and turned it into a direct credit. not only did he significantly reduce how much, most low income. middle-class homeowners and seniors receive. he converted it. instead of receiving a rebate check. you can then go out and spend. transferred into a direct credit on your property tax bill. shows up as a line when you get your tax bill. you no longer get that...
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Oct 28, 2013
10/13
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CSPAN
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. >> so if i make more taxes, i get a credit. if i do not make enough in taxes, i get cash back? guest: that is correct. host: some people do not know how to apply for it. some people send the wrong information. explain a little bit about that. he cited the complexity of the program as well. guest: the problem is there's not enough awareness of the program. taxe is the earned income credit awareness day, sometime in february a think. the problem structured in a complex way. i would have difficulty explaining to you all the nooks and crannies of this, the phase- in range of income, the plaxo, the phaseout range, the number of children. even professionals have a ethical time predicting what the amount will be for the circumstances -- a difficult time predicting what the amount will be for the circumstances. recipients will be at a total loss. they are then reliant on professional tax preparers, and this is where the unscrupulous comes then, that the ig's report referenced. you have a lot of tax preparers as a cottage industry recruiting taxpayers, tax filers, generating some income
. >> so if i make more taxes, i get a credit. if i do not make enough in taxes, i get cash back? guest: that is correct. host: some people do not know how to apply for it. some people send the wrong information. explain a little bit about that. he cited the complexity of the program as well. guest: the problem is there's not enough awareness of the program. taxe is the earned income credit awareness day, sometime in february a think. the problem structured in a complex way. i would have...
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Oct 28, 2013
10/13
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FOXNEWSW
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taxes. reid's just the latest in a string of clowns, i mean politicians, saying there's no real need to cut spending. pelosi recently argued the cub board is bare, there's no more stuff to cut. i was waiting for the laugh track. she and other prominent democrats are not joking. in the face of a $17 trillion debt, they've all but said with a straight face our spending work here is done. it's time to tax more. and spend more. and tax some more. and then spend some more. little did russell brand know that his mindless musings on money in britain would be acted out by politicians hoping to seize more money in the u.s. of a. he might be careful biting the corporate hand that feeds him and glamourizes him. pretty soon, that corporation will run out of dough. then let's see if brand still draws the babes or, once penniless, he starts sounding more like a baby. i don't know. but i'm grflabbergasted. the push to tax every mile you drive, driving some of you mad. sandra posting, is that all they do in
taxes. reid's just the latest in a string of clowns, i mean politicians, saying there's no real need to cut spending. pelosi recently argued the cub board is bare, there's no more stuff to cut. i was waiting for the laugh track. she and other prominent democrats are not joking. in the face of a $17 trillion debt, they've all but said with a straight face our spending work here is done. it's time to tax more. and spend more. and tax some more. and then spend some more. little did russell brand...
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Oct 29, 2013
10/13
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FOXNEWSW
tv
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argue it is a tax, the supreme court called it a tax, and because it is a tax, you have to pay it first and then seek your refund. this is insane. and so people will have additional tax bill. they must pay the tax bill and petition the irs. begging the irs to have that money paid back to them because there was no insurance policy made available at the time the tax was due. >> that is because of judge roberts' ruling. >> it is because of the supreme court ruling. tax is different than a penalty. if we speed and have a point assessed. if you are i owe a tax and think it is too much. we pay the tax first and get the money back, later. that's what will happen to individuals who will not obtain insurance coverage because obama care doesn't work and the computer system couldn't get them to the insurance carrier and the dead line passed. >> so it is line garnishing the wages. >> it is the moral equivalent, yes. if you owe the tax and don't pay it, your employer will collect tax by taking it out of money that otherwise goes to you and send it to the irs. >> judge, help me with something. you ge
argue it is a tax, the supreme court called it a tax, and because it is a tax, you have to pay it first and then seek your refund. this is insane. and so people will have additional tax bill. they must pay the tax bill and petition the irs. begging the irs to have that money paid back to them because there was no insurance policy made available at the time the tax was due. >> that is because of judge roberts' ruling. >> it is because of the supreme court ruling. tax is different...
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stuart: but it's another tax increase. >> it's another tax increase to keep floating. stuart: but it's popular. that's my problem with it. >> i hear you. stuart: it's popular. >> and more money at a broken model, yeah. stuart: and enough of this. it's one of the biggest tech ipo's of the year, probably the biggest, you'll be able to buy shares in twitter this week. should you buy? after the break, someone says yes and by the way, they have raised the offering price. he'll join us to explain it all in a moment. ♪ ♪ fly, robin fly ♪ up, up to the sky when we made our commitment to the gulf, bp had two big goals: help the gulf recover and learn from what happened so we could be a better, safer energy company. i can tell you - safety is at the heart of everything we do. we've added cutting-edge technology, like a new deepwater well cap and a state-of-the-art monitoring center, whe experts watch over all drilling activity twenty-four-seven. and we're sharing what we've learned, so we can all produce energy more safely. our commitment has never been stronger. once wrot
stuart: but it's another tax increase. >> it's another tax increase to keep floating. stuart: but it's popular. that's my problem with it. >> i hear you. stuart: it's popular. >> and more money at a broken model, yeah. stuart: and enough of this. it's one of the biggest tech ipo's of the year, probably the biggest, you'll be able to buy shares in twitter this week. should you buy? after the break, someone says yes and by the way, they have raised the offering price. he'll join...
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Oct 31, 2013
10/13
by
CSPAN2
tv
eye 57
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if the senate budget, which i think would increase taxes by $1 trillion, president obama got his tax increase on the fiscal cliff deal of 2013 and we increase taxes by $600 billion and now is the time to focus on the other side of the ledger, the spending side and i remain cautious about plans to trade spending reductions as a result of the budget control act for the promise of spending cuts or entitlement reforms at some future date and i will not entertain a so-called balanced plan that punishes small businesses and job creators with higher taxes in exchange for minor entitlement reforms that do not change the deficit or the dutch directory of our country. if we are going to reform entitlement programs to ensure the viability for future generations, we should do just that. ..
if the senate budget, which i think would increase taxes by $1 trillion, president obama got his tax increase on the fiscal cliff deal of 2013 and we increase taxes by $600 billion and now is the time to focus on the other side of the ledger, the spending side and i remain cautious about plans to trade spending reductions as a result of the budget control act for the promise of spending cuts or entitlement reforms at some future date and i will not entertain a so-called balanced plan that...
SFGTV: San Francisco Government Television
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Oct 30, 2013
10/13
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SFGTV
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ears popped up because that means tax my community. i'm a property owner and the games, you know, that i have seen here is that everyone that was working with a redevelopment agency was part of the redevelopment agency are not all in the department and they're singing the same tune. the same tune is being sang, and you need to investigate. you need to get documented for yourselves and read for your sexes because when he talked about the 75 -- the housing being destroyed and western division, i like no know where were they? the last time anything was destroyed here in san francisco was when we had the earthquake and i like to know information period because talking and if you believe all the talk that you hear, we're not going any place because of the fact even building the houses in huntis point, if you buy a house up there, you can't even get insurance because you won't be able to dig in the ground to make flowers or make vegetables because the shipyard is a super site not a brown site. what's his name, who is the boss giving out -- m
ears popped up because that means tax my community. i'm a property owner and the games, you know, that i have seen here is that everyone that was working with a redevelopment agency was part of the redevelopment agency are not all in the department and they're singing the same tune. the same tune is being sang, and you need to investigate. you need to get documented for yourselves and read for your sexes because when he talked about the 75 -- the housing being destroyed and western division, i...
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dpas tax and never will. and they are consuming the roads. i am consuming gas in my vespa and paying more than the tesla. this is the only way to make them pay their share. anytime people pay for their own use of government resources, i am for it. >> tracy, we already pay taxes and tolls. and those get misused. >> that's the problem. brenda, i am the first person who, you know, you should put a black box in my car, i drive so much. you could solve all the government's woes in like a week. >> don't volunteer. >> of commuting for me between work and the kids. but the problem is we have a gas tax that's already misspent. it's supposed to be used to fix the roads. where is it? who the heck knows? it's just like every other dollars that go into the government coffers. it gets lost in a black hole. if i knew the tax was being used appropriately, i would say raise it, go ahead. i can't stand the bumps and the potholes in the roads that bust my tires every third day, but it's not being used that way. >> bernard, you'
dpas tax and never will. and they are consuming the roads. i am consuming gas in my vespa and paying more than the tesla. this is the only way to make them pay their share. anytime people pay for their own use of government resources, i am for it. >> tracy, we already pay taxes and tolls. and those get misused. >> that's the problem. brenda, i am the first person who, you know, you should put a black box in my car, i drive so much. you could solve all the government's woes in like a...
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Oct 30, 2013
10/13
by
CNBC
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tax hikes. i'm going to talk to one of the top senators that were in on the negotiations that began today. it's "the kudlow report." please stay with us. ♪ nice car. sure is. make a deal with me, kid, and you can have the car and everything that goes along with it. ♪ ♪ so, what do you say? thanks... but i think i got this. ♪ [ male announcer ] the all-new cla. set your soul free. [ male announcer ] the all-new cla. maestro of project management. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. (aaron) purrrfect. (vo) meee-ow, business pro. meee-ow. go national. go like a pro. >>> welcome back to "the kudlow report." the now house senate budget conference held their first meetings today. they were challenged with crafting a budget deal by december 14th, but if today's meeting was any indication it may
tax hikes. i'm going to talk to one of the top senators that were in on the negotiations that began today. it's "the kudlow report." please stay with us. ♪ nice car. sure is. make a deal with me, kid, and you can have the car and everything that goes along with it. ♪ ♪ so, what do you say? thanks... but i think i got this. ♪ [ male announcer ] the all-new cla. set your soul free. [ male announcer ] the all-new cla. maestro of project management. baron of the build-out. you...
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Nov 2, 2013
11/13
by
CSPAN2
tv
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if we chose to raise taxes on certain groups, if we chose to raise taxes on certain corporations, if we chose to readjust maybe 2% to 3% of gross national product, two hundred million sopa trillion, we have all the wherewithal economically to create a viable new war on poverty. how do you do this? if it is a political problem you got to change the politics. we have had 40 years of people saying government doesn't work, it can only deliver clemens. the government can only deliver lemons, why give it more money to develop bad programs? it seems to me the way you break out of this destructive cycle is push a few programs that will be universally popular, that you could implement and could work and in working would shift the discussion about the role of government the same way social security did in 1930s. i actually start, i have a whole bunch of solutions but start with two big ones and i am sorry about this but i will increase your taxes. i hope you will bear with me while i explain why. no apologies. you guys will pay a little bit more if my plan gets implemented. i will advocate and
if we chose to raise taxes on certain groups, if we chose to raise taxes on certain corporations, if we chose to readjust maybe 2% to 3% of gross national product, two hundred million sopa trillion, we have all the wherewithal economically to create a viable new war on poverty. how do you do this? if it is a political problem you got to change the politics. we have had 40 years of people saying government doesn't work, it can only deliver clemens. the government can only deliver lemons, why...
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Oct 31, 2013
10/13
by
ALJAZAM
tv
eye 154
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the tax is supposed to last for only two years. it's symbolic to the extent that francois has chosen in his general economic path to tax those who can afford it without cutting public services, which often hits those at the bottom end as it were who are already struggling. >> okay, tim, thanks very much indeed, tim friend live in paris there. >>> well, there is more bad news for the troubled euro zone, unemployment figures for september show the jobless rate isn't getting any better. it remained at a record high of 12.2%. frustration over the ongoing downturn erupted in the italian capital earlier. police used tear gas and batons against protesters after a peaceful demonstration turned violent. the crowd was calling for more affordable housing and end to local authority evictions. meanwhile in spain fear of job losses. train services across the country are at a standstill. the transport unions are on strike for the fourth day. rail employees are protesting against government plans to restructure the country's train company, which w
the tax is supposed to last for only two years. it's symbolic to the extent that francois has chosen in his general economic path to tax those who can afford it without cutting public services, which often hits those at the bottom end as it were who are already struggling. >> okay, tim, thanks very much indeed, tim friend live in paris there. >>> well, there is more bad news for the troubled euro zone, unemployment figures for september show the jobless rate isn't getting any...
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Nov 4, 2013
11/13
by
CSPAN2
tv
eye 64
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that tax cut was acu 10-year tax cut. what we did not anticipate of course what happened on september the 11th, 2000 one we basically went from surpluses to deficits overnight. tax cuts remained in effect. i thinkut you're right. there should have been some revisiting of those tax cuts that were in effect but those tax cuts also allowed us to avoid a major recession back in 2001. >> host: you bring up deficits. how much motivation is there right now to get a grand deal done whether in this effort or future effort, with u.s. having just posted its lowest deficits in 2008, is it? >> yeah. yes, john, you're right. we ended up fiscal year that just ended, fiscal year 2013 with a deficit of $680 billion. i believe that the figure was and that was a significant, 30, 40% reduction from the previous year by 1.1 trillion. immediate effect of this, you're absolutely correct by your question is that taking some pressure off, wait a minute, things are improving. yes, they are improving in the near term. i would point out part of the
that tax cut was acu 10-year tax cut. what we did not anticipate of course what happened on september the 11th, 2000 one we basically went from surpluses to deficits overnight. tax cuts remained in effect. i thinkut you're right. there should have been some revisiting of those tax cuts that were in effect but those tax cuts also allowed us to avoid a major recession back in 2001. >> host: you bring up deficits. how much motivation is there right now to get a grand deal done whether in...
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Oct 30, 2013
10/13
by
CSPAN
tv
eye 66
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even if the taxing power enables congress to impose a tax on not obtaining health insurance, any tax must still comply with other requirements in the constitution, unquote. in short, mr. speaker, obamacare was upheld as a tax. the supreme court did not and has not yet considered a challenge to the affordable care act's taxing provisions on the grounds that it violated the origination clause in the united states constitution. and, mr. speaker, it most certainly did exactly that. mr. speaker, the origination clause is found in article 1, section 7 of the constitution. and it states, quote, all bills for raising revenue shall originate in the house of representatives, unquote. in creating obamacare, senator harry reid took an entirely unrelated bill, h.r. 3590, containing just 714 words, and -- that did not raise taxes, and then he stripped it of everything but its bill number. he then put the 400,000-word obamacare that raised taxes in 17 different places into this empty shell bill. through this bit of legislative trickery, mr. speaker, mr. reid claims that obamacare originated in the
even if the taxing power enables congress to impose a tax on not obtaining health insurance, any tax must still comply with other requirements in the constitution, unquote. in short, mr. speaker, obamacare was upheld as a tax. the supreme court did not and has not yet considered a challenge to the affordable care act's taxing provisions on the grounds that it violated the origination clause in the united states constitution. and, mr. speaker, it most certainly did exactly that. mr. speaker, the...
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has gone nowhere across the country communities are implementing their own versions of carbon taxes to help protect our environment and our planet one of those communities is board boulder colorado and joining me now from denver to talk more about boulders efforts is jonathan cohen city of boulder regional sustainability coordinator jonathan wald. hi tom how are you thanks for having me on the show five thanks for joining us how does the carbon tax work there and who does it apply to. well good question so i really appreciated the way you introduced that segment in terms of how communities really are starting to kind of address what we are starting to see is a paralysis at the federal level and at the state level for that matter so boulder in fact enacted a carbon tax really quite a while ago in two thousand and six we took it to our voters in an attempt to really understand well how can we at the local level have an impact on our local emissions and what does that mean at the global level and the national level the state levels so forth so the carbon tax is a little bit different t
has gone nowhere across the country communities are implementing their own versions of carbon taxes to help protect our environment and our planet one of those communities is board boulder colorado and joining me now from denver to talk more about boulders efforts is jonathan cohen city of boulder regional sustainability coordinator jonathan wald. hi tom how are you thanks for having me on the show five thanks for joining us how does the carbon tax work there and who does it apply to. well good...
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Nov 5, 2013
11/13
by
CSPAN
tv
eye 51
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single most important thing we could do is reduce taxes on investment. not tax capital. this is not controversy over. this is standard, mainstream economics, the book finance economics. most people think we should not be taxing capital. huawei overtax it. we have distortions ealing with debt versus equity. with debt versus equity. are thinkingf we about -- we would be more on trade. it was actually a major accomplishment for which they deserve credit. i wish they would have been more aggressive in laying out the future. they seem to be moving in that direction. >> let's be serious. tradell for free agreements. on the high-end estimate, it is a 10th of a percent of gdp in the year. it is way under half a percent. i am all for it, but it is just not big. can we understand what the rules are. on equipment you buy yourself a new car. the first year you buy the car you get to deduct the whole thing from your taxes. the interest rate at which you could borrow is lower than it since then history war. the idea that the high cost of discouraging investment i have to say is ludicr
single most important thing we could do is reduce taxes on investment. not tax capital. this is not controversy over. this is standard, mainstream economics, the book finance economics. most people think we should not be taxing capital. huawei overtax it. we have distortions ealing with debt versus equity. with debt versus equity. are thinkingf we about -- we would be more on trade. it was actually a major accomplishment for which they deserve credit. i wish they would have been more aggressive...
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Oct 28, 2013
10/13
by
CSPAN
tv
eye 85
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a double whammy of higher mortgage rates and higher taxes. just what britain's hard-working families don't need. >> does the prime minister think it is fair that a woman will now have to pay 1200 pounds to take a maternity discrimination case? >> it is important people have access to employment tribunals. the one thing we have done is make sure that people don't earn those rights until they have worked for a business for two years. i think that is the right approach. chancellor'sthe economic policies, unemployment fell by 10% last month. it is now at its lowest level since september 2008. many of those jobs were created in small businesses who now have the confidence to invest. will the prime minister commit to supporting those small businesses to help grow the economy? >> efrin is quite right. fell but my honorable friend doesn't just talk about helping people back into jobs. he set of a jobs club in his constituency. that is the sort of social action on the side of the house we believe in. not just talking about it but helping. involvement
a double whammy of higher mortgage rates and higher taxes. just what britain's hard-working families don't need. >> does the prime minister think it is fair that a woman will now have to pay 1200 pounds to take a maternity discrimination case? >> it is important people have access to employment tribunals. the one thing we have done is make sure that people don't earn those rights until they have worked for a business for two years. i think that is the right approach. chancellor'sthe...
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410
Nov 3, 2013
11/13
by
CNBC
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eye 410
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pay ordinary income tax on it. so many things as to why i love a roth ira. if you qualify for one, you should absolutely do it. i love them! let's see what else is trending. listen, nancy, the reason that you're seeing all these car companies now, or lenders -- banks make it so that you can have a car loan for five years, six years, seven years, even eight years in some circumstance, is so that you think you can afford a more expensive car because the longer the payback period, the lesser you're going to have to make in payments. my idea of a wise financial move is that you never buy a car that you have to finance for more than three years. is it gonna make a big difference in terms of interest rates? no, but you're spending too much money on a car. so if you can't afford the payments with a three-year loan, in my opinion, you can't afford it at all. now, let's go to webcam. lia in north carolina, ask me your question. >> hi, suze. when my girls turned 18, i got them each a credit card to start building their own c
pay ordinary income tax on it. so many things as to why i love a roth ira. if you qualify for one, you should absolutely do it. i love them! let's see what else is trending. listen, nancy, the reason that you're seeing all these car companies now, or lenders -- banks make it so that you can have a car loan for five years, six years, seven years, even eight years in some circumstance, is so that you think you can afford a more expensive car because the longer the payback period, the lesser...
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Oct 28, 2013
10/13
by
CSPAN
tv
eye 63
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he was a do it to a windfall tax. i say we need a price freeze, what does the prime minister want to do to recoup that money for the consumer? questionanswer the directly. we need to roll back some of the .reen regulations and charges yes! yes x? we all know who put them in place. >> very overexcited. i want to hear the answer. let's are the prime minister. >> he talks about john major winning elections, and he's right. he bk wheat and incredible labor leader. , and he isalso said absolutely right, was that labor's policy was unworkable and he is absolutely right. what we need to do is recognize their are four pieces to an energy bill. there are the wholesale prices which are beyond our control, there are the costs of transmission and the grid, which are difficult to change, their other prophets of the energy company and there are the green regulations. it is those last two that we need to get to grips with. i can tell the house today that we will be having a proper competition test carried out over the next year to g
he was a do it to a windfall tax. i say we need a price freeze, what does the prime minister want to do to recoup that money for the consumer? questionanswer the directly. we need to roll back some of the .reen regulations and charges yes! yes x? we all know who put them in place. >> very overexcited. i want to hear the answer. let's are the prime minister. >> he talks about john major winning elections, and he's right. he bk wheat and incredible labor leader. , and he isalso said...
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tracy: and tax alcohol by the gallon. this is taxed on price? >> it is and the bottom line is the alternative to having tax and regulated market is a criminal market in marijuana and we have found a solution by taking marijuana out of the black market, putting it behind the counters and creating a new industry that is growing across the country, paying tens if not hundreds of millions in taxes, thousands of good paying jobs and contributing to their local communities which is something that our competition in the black market isn't doing. tracy: i am not sure what jobs they are associated with. and won't even act. are you worried the price will go up if you tax this more? that is what will happen if the tax is based on the price of the marijuana. >> we will see a slight increase temporarily but it is important to remember in colorado for example market-based is also going to increase significantly. currently, only seriously ill patients in colorado can obtain marijuana legally. after jan. first any adult over 21 and we will see the market scale,
tracy: and tax alcohol by the gallon. this is taxed on price? >> it is and the bottom line is the alternative to having tax and regulated market is a criminal market in marijuana and we have found a solution by taking marijuana out of the black market, putting it behind the counters and creating a new industry that is growing across the country, paying tens if not hundreds of millions in taxes, thousands of good paying jobs and contributing to their local communities which is something...